The dollar fell after a report on the U.S. labor market

The dollar reacted to the collapse of the labor market report on the United States, which showed that the unemployment rate in April, as expected, increased from 8.5% to 8.9%, but the decline in employment being lower than forecast and amounted to 539 000 people expected to fall to 600 000. Dealers, however, note that the figures for the previous two months were revised for the worse (from -663 000 -699 000 March, and -651 000 -681 000 in February), and pay attention to the fact that, in While the euro / dollar against the backdrop of the report was able to break above $ 1.3500, the mood in equity markets after the release of data worsened slightly. They note that the reaction of participants in the stock market, apparently due to the fact that, although the data were better than the official average forecast of analysts in recent times investors have heard talk about that record may be somewhat more positive, and the whole market was not surprised by a weaker decrease in employment in April. Regarding the euro / dollar, the spurt was higher partly due to the elimination of the positions of the short-term speculators, calculated on the possible negative surprises, and around $ 1.3510/00 remains a good interest in the sale, although dealers warn of feet higher than $ 1.2520.